Md. Code, Financial Institutions § 9-305
Md. Code, Financial Institutions § 9-305
in effectAt any meeting of the members of a savings and loan association:
(1) Except as provided in the charter or bylaws, any number of members present in person or by proxy is a quorum; and
(2) Unless otherwise specifically provided by law, the charter, or the bylaws, a majority of all votes cast at which a quorum is present determines any question.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=9-305&enactments=falseFetched: 10/17/2026